DSR Bank Development Group welcomes Søren Elbech and Matthew Westerman to its board of directors.

New Appointments: Søren Elbech and Matthew Westerman have been appointed to the board of the Defence, Security and Resilience Bank (DSRB) Development Group to enhance its leadership in financial markets as it moves towards formal establishment.

Søren Elbech's Background: Elbech brings unique multilateral banking expertise, currently serving as Chief Risk Officer at the Inter-American Development Bank and previously held significant roles at JPMorgan and the Asian Infrastructure Investment Bank.

Matthew Westerman's Expertise: Westerman, a prominent investment banker with experience at Goldman Sachs and HSBC, will contribute his skills in complex financing strategies essential for mobilizing large-scale private capital for the DSRB.

Strategic Goals of DSRB: The DSRB aims to create a AAA-rated bank that provides sovereign loans and guarantees, enhancing shared security and resilience among allied governments, with the new board members strengthening its financial credibility and execution capabilities.